15 Jun '17, 5pm

New private home sales down 34% in May

Artist’s impression of Parc Riviera at West Coast Vale. Property developers in Singapore sold 1,024 private homes in May, down 34 percent from 1,558 units in April, according to latest numbers from the Urban Redevelopment Authority. Unlike the previous month which saw two major projects hit the market – Seaside Residences and Artra , the lack of new launches in May contributed to the drop in sales. Despite the slowdown, several previously launched projects managed to find buyers. Parc Riviera led the private condominium segment with 83 units sold at a median price of $1,246 psf, followed by The Santorini (64 units at a median price of $1,022 psf), Commonwealth Towers (53 units at a median price of $1,841 psf), Kingsford Waterbay (51 units at a median price of $1,162 psf) and Sims Urban Oasis (51 units at a median price of $1,387 psf). Last month, developers also sold 370 e...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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Singapore home sales fall 34% in May as fewer p...

bloomberg.com 15 Jun '17, 6am

Singapore home sales fell 34 percent in May as fewer new projects were launched. Developers sold 1,024 units last month, c...

Singapore home sales fall 34% in May as fewer p...

bloomberg.com 15 Jun '17, 6am

Singapore home sales fell 34 percent in May as fewer new projects were launched. Developers sold 1,024 units last month, c...

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